What would you do with $60/week to invest?

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DBWebDev

DBWebDev

$0.50/week
Oct 22, 2007
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Just got a new job and have extra disposable income to spend on business stuff. I've had a few ideas on what I'd like to spend it on but would appreciate any advice, any mistakes you'd avoid etc if you could do it again.

Here's my ideas anyway, do they suck?

1. Promoting sites - mainly into MFA atm so would there be any point? In other words is it worth paying money for directory submission on an MFA site?

2. PPC to direct merchant stuff - I once dabbled in this and made a bit of cash, bit the bug, but then never had the income to follow it through and it just grinded to a halt.

3. Domaining?

4. Outsourcing - using the money to get my ideas from concept to the final stages without actively working on them (technical stuff).

Fire away, I am quite newbish so feel free to insult me.
 


My opinion is to forget the $60/wk and get a credit card so you can dive in full time.
 
Ok, I can't even decide what to spend $60/week on, never mind my entire credit card balance. Would rather let the business pay for itself, already been in debt once this year and don't want to do it again. Thanks for the suggestion though.
 
Put it in the bank until you have 6 months of living expenses, in case you lose your job. Find a savings account with at least 4% interest.
 
Totally Agree

DBWebDev said:
Ok, I can't even decide what to spend $60/week on, never mind my entire credit card balance. Would rather let the business pay for itself, already been in debt once this year and don't want to do it again. Thanks for the suggestion though.
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Words of wisdom!! Try to avoid getting into debt - pour the cash you generate from the business back into the business and make it grow. It may take longer this way but if it all goes horribly wrong - you havent lost anything - only time well spent which ultimately results in you becoming more experienced and increasing your chances of success with your next project.

As for submiting your sites to directories - you can cover most of them in a weekend. And as for the $60 - play around with it to test out marketing ideas for you site.
 
@supergeek: Had not thought of that before, and it is tempting to just save it.
@stephenh: My thoughts exactly, if I don't spend money I don't have then I don't get the nagging voice of my parents saying "told you so".
@babyboy: That's an idea, going to look into that one - would be nice to not have to write stuff myself for a change.
 
Supergeek said:
Put it in the bank until you have 6 months of living expenses, in case you lose your job. Find a savings account with at least 4% interest.
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I second that. Do not dump it in a 401k either. And avoid E-trade's saving program like the fuckin plague, they're incompetent.
 
This steeve guy is a fucking genious. I can't get off his blog. He links the articles to other relevant articles with quality content in strategic places

newbies: time to observe and learn

HH
 
@micker: wtf is a 401k? I ain't American, just using dollars cos Britain is George Bush's bitch

@houdas: maybe I'll just make ebooks and trick people at retard forums into buying them, but that seems somewhat low

@bam bam: consider your imaginary g-string stuffed
 
HairyHun said:
This steeve guy is a fucking genious. I can't get off his blog. He links the articles to other relevant articles with quality content in strategic places

newbies: time to observe and learn

HH
Click to expand...

what steeve guy and what's the link to the blog? thanks!
 
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